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- Investment Technology Group is an agency brokerage and technology firm. Co. has three reportable segments: U.S. Operations; International Operations and Canadian operations. Co.'s U.S....
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- the spending of money on stocks and other securities, or on assets such as plant and machinery
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- Grant Kenny Buys Private Aviation Firm
- Olympian and former ironman Grant Kenny has acquired Western Australia's largest privately owned aviation company, Slingair Heliwork WA, in a multi-million transaction.The Kununurra-headquartered company comprises two divisions, Slingair fixed-wing aircraft and Heliwork WA helicopters.It provides scenic air tours and safaris, and operates charter services, such as mining exploration and...
- News items 2008-05-06
- U.S. Rice Jumps to Record High on Supply Fears
- By Miho Yoshikawa and Nigel Hunt TOKYO/LONDON (Reuters) - U.S. rice futures rose to a fresh all-time high on Wednesday on worries about supply shortages which have triggered political unrest and export restrictions designed to protect dwindling domestic stocks. Chicago Board of Trade...
- News items 2008-04-23
- Fortress Posts Loss, Stock Price Falls
- BOSTON (Reuters) - Fortress Investment Group LLC (FIG) reported a quarterly loss on Thursday and its share price fell sharply after its hedge fund business suffered in turbulent market conditions. The 10-year-old company, one of only a handful of publicly traded...
- News items 2008-05-08
- Iraqis Aim to Learn From Northern Ireland on investment
- LONDON (Reuters UK) - A panel trying to encourage investment in Iraq's southern province of Basra will tour Northern Ireland this week to learn how a region's economy can recover after years of conflict, its members said on Monday. The Basra Development Commission, made up of...
- News items 2008-04-28
- Alibaba Erases Gains, Hit By Growth Concerns
- HONG KONG (Reuters) - Shares in China's top e-commerce firm, Alibaba.com Ltd , erased early gains to fall 2 percent on Wednesday as concern over its premium customer growth and the impact of a slowing global economy offset enthusiasm over its...
- News items 2008-05-06
- Sovereign Wealth Funds: Benefit or Threat?
- Just when CEOs thought they had a handle on secretive and powerful hedge funds, they must consider a quieter but even bigger monster -- Sovereign Wealth Funds. These government-owned funds, including ones in China, Abu Dhabi, Kuwait and Singapore, represent more than $2.5 trillion in global assets,...
- Blog posts 2008-05-05
- China Fund Sees Opportunity in Global Instability
- By Zhou Xin SHANGHAI (Reuters) - Global economic instability has created huge investment opportunities for China Investment Corp (CIC), but the sovereign wealth fund will be careful not to destabilize countries where it operates, its head said on Friday. CIC paid...
- News items 2008-05-09
- Shenhua Denies Plan to Buy Anglo American Stake
- BEIJING (Reuters UK) - Chinese coal mining giant Shenhua Energy denied a report on Monday that it planned to buy a stake in mining major Anglo American (AAL) (ALGJ) and dashed speculation that it was among a group said to be interested in miner BHP...
- News items 2008-04-13
- Markets See Fannie Mae Profits, OFHEO Says: Report
- BOSTON (Reuters) - Financial markets believe Fannie Mae, the biggest provider of funding for U.S. home loans, can reverse losses by applying fresh capital of $6 billion toward profitable investments, the company's federal regulator told CNBC on Wednesday. Fannie Mae (FNM)...
- News items 2008-05-07
- Tracinda to Tender Offer For Ford Shares
- NEW YORK (Reuters) - Tracinda Corp said on Monday it intends to make a cash tender offer for up to 20 million shares of common stock of Ford Motor Co (F) at a price of $8.50 per share. The offer price represents a...
- News items 2008-04-28
- Liverpool's Hicks in Talks With Hedge Funds
- LONDON (Reuters UK) - Liverpool FC's co-owner is talking to hedge funds to help him raise funds to buy the football club and start building a new stadium, the Daily Telegraph reported on Monday. The U.S. billionaire, who wants to buy out the 50 percent ...
- News items 2008-05-05
- European Stocks Pause After Rally
- By Blaise Robinson PARIS (Reuters UK) - European stocks dipped in early trade on Monday, as comments by U.S. influential investor Warren Buffett that said the U.S. economy was in recession prompted investors to take a breather after last week's lofty gains. Trading volumes remained low...
- News items 2008-05-05
- March Trade Gap Narrows More Than Expected
- WASHINGTON (Reuters) - The trade deficit narrowed more than expected in March on a record plunge in the value of imports, even as average oil prices surged to a new record, a Commerce Department report on Friday showed. The trade gap shrank to...
- News items 2008-05-09
- More Big Losses Expected From Fannie, Freddie
- By Lynn Adler NEW YORK (Reuters) - Fannie Mae and Freddie Mac, reeling from the deterioration in the housing market, will likely post steep losses for the first quarter, but the two largest home funding companies are expected to escape previous record ...
- News items 2008-05-05
- U.S. Firms Invest One Year on From NI Deal
- By Paul Hoskins BELFAST (Reuters UK) - Leading North American business leaders and politicians declared Northern Ireland open for business on Thursday, promising to invest in the province a year after power sharing ushered in a new era of political stability. Northern Ireland's formerly feuding politicians,...
- News items 2008-05-08
- Google Board Member Targeted by SEC
- Google director Ann Mather is facing civil charges by the Securities and Exchange Commission in connection to an options backdating scandal at Pixar, where Mather used to be CFO from 1999 to 2004. In Google's filing, the company disclosed: On April 23, 2008, Ann was advised...
- Blog posts 2008-04-29
- Schroders First Quarter Profit More Than Halves on Writedowns
- LONDON (Reuters UK) - Fund firm Schroders (SDR) said on Thursday that first-quarter pretax profit more than halved to 42.2 million pounds after it wrote down 33.5 million pounds on investments. The company, which a year ago made a profit of 93.2 million, said it...
- News items 2008-04-24
- Best Stocks in April Mostly From Developed World
- NEW YORK (Reuters UK) - The biggest-gaining stocks in April were mostly from developed countries, according to an analysis of stocks in Russell Investment Group's global indexes, released on Thursday. A list of the top 100 stocks, based on total return, showed 80 of the...
- News items 2008-05-01
- Glaxo Bond Boosts Chances of Euro Mega Deals
- By Natalie Harrison LONDON (Reuters UK) - GlaxoSmithKline's (GSK) well-received $9 billion (4.6 billion pound) bond this week, the largest dollar issue by a non-U.S. corporate in seven years, has raised confidence of possible euro mega deals in the next few months. The success of the...
- News items 2008-05-07
- Senior UBS Employee Was Detained in U.S. Tax Probe
- By Katie Reid and Martha Graybow ZURICH/NEW YORK (Reuters) - A senior UBS (UBSN) employee was briefly detained by U.S. authorities as part of a probe into whether U.S. clients tried to evade tax obligations with the firm's help, the Swiss bank said...
- News items 2008-05-07
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